Sentences with phrase «than a traditional bank»

(Online banks are able to offer higher - yielding accounts online because they come with less overhead expenses than traditional bank accounts.)

Mortimer sees PayPal growing sales at a 20 % clip in the coming years — far faster than traditional banks, whose average sales are expected to grow just 5 % next year.

The end result is that TD operates more like a retail organization than a traditional bank, says Levitt.

If your credit score is lower than 680, you may want to start looking into microloan providers or credit unions, whose lending requirements can be less strict than traditional banks.

Online lending provides more adaptability and flexibility than traditional banks, but you should still provide solid business records that confirm your company is viable and can repay the money you borrow.

It can be pricey, and factors are generally less regulated than traditional bank lenders.

They have relatively low default rates and terms that are often better than traditional banks, according to the NCUA and Federal Deposit Insurance Corp. (FDIC).

The Brooklyn, N.Y., firm is establishing a web - based financial system that will offer free ATMs, automated money management, smartphone bank deposits and free online bill payment with what the firm claims are no hidden fees and far lower costs than traditional banks.

Web - based lenders can command higher interest rates than traditional banks, but the odds of securing funding are substantially higher.

For the best rates, you might consider seeking out promotions at online banks, which have lower overhead and can offer higher rates than traditional banks.

In addition, the company has built its technology for transaction processing in such a way that it costs 75 % less than traditional banks» core deposit platform, Mr. Britt said.

10 Small Business Loan Sources explores sources of small business loans other than traditional banks.

Individuals seeking a mortgage loan should consider factors or circumstances that may make a mortgage lender a better choice than a traditional bank.

«These companies seek to make it easier and less costly than traditional banks.

(A few years ago, those lenders were charging rates up to 400 basis points higher than traditional banks, which were focusing their lending on select top - tier clients.)

Bitcoin Transaction Coordinator goes further than traditional bank and credit card processors.

There are some lenders that have APRs that are much lower than traditional banks.

Credit unions and online lenders generally offer better interest rates than traditional banks.

But since you're taking out a personal loan through a credit union rather than a traditional bank, the financial background check might not be as strict.

«Some of the best independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan,» Gallegos points out.

Because the entire process is online, peer - to - peer lending companies essentially run credit marketplaces which operate with lower costs than traditional banks or credit companies.

The prime minister has realised that «Islamic finance is growing 50 % faster than traditional banking and when global Islamic investments are set to grow to # 1.3 trillion by 2014, we want to make sure a big proportion of that new investment is made here in Britain».

Generally online banks compete by offering higher rates than traditional banks, but other banks offer short - term yields that rival the best.»

These lenders have less overhead than a traditional banking establishment, and they love to pass the savings on to you by giving you better rates and friendlier repayment terms.

Personal loans from online banks, such as Capital One personal loans, typically have lower refinancing rates than traditional banks offer because of the lack of overhead costs.

A customer service report found that credit unions also have happier customers than traditional banks.

Auto title loans are typically repaid more quickly than traditional bank loans and come with much higher finance charges.

In exchange, Barclays is able to offer flexible requirements and higher APYs than the traditional bank.

New banking companies are almost entirely virtual — this means they are much more accessible in cyberspace than a traditional bank.

Online - only banks have much lower operating costs than traditional banks, which maintain large networks of physical locations staffed by thousands of employees.

Alabama residents can apply for a loan up to $ 999, with shorter repayment terms than traditional bank or credit union personal loans.

For the best rates, you might consider seeking out promotions at online banks, which have lower overhead and can offer higher rates than traditional banks.

Title loans are treated differently than traditional bank loans because they are secured.

When acquiring a bad credit loan, the interest rates are higher than a traditional bank's interest rate would be.

Another option is receiving financing through a credit union, which are known to be more forgiving to those in poor credit situations than traditional banks, and oftentimes offer lower interest rates.

You may even find that the interest rates for borrowers are lower than traditional bank financing.

These can offer higher rates than traditional bank accounts.

Bad credit mortgages have higher interest rates than traditional bank loans.

But since you're taking out a personal loan through a credit union rather than a traditional bank, the financial background check might not be as strict.

The new independent lenders use different criteria than a traditional bank or credit union to evaluate how likely a person is to repay a loan.

For starters, online lenders and credit unions tend to offer lower rates a than traditional bank.

This means that the company generally does a better job before and after you sign your mortgage than a traditional bank.

This is because they have fewer overhead costs than traditional banks.

Another data point to watch is the increasing number of individuals who rely on mobile banking rather than traditional banking options.

When looking at the terms of your agreement, you may have concerns that the interest rates appear higher than traditional bank loans.

Online lenders frequently offer better rates than traditional banks and they tend to be a bit more flexible when it comes to approving borrowers who have less than perfect scores.

Online banks generally have higher interest rates than traditional banks, and the reality is, they often provide a better online banking experience because «online» is all they do.

They use these savings to offer better interest rates than traditional banks.

Home equity loans are more popular than traditional bank mortgages because it is possible to customize them to your needs.

Another option, look into a local credit union for a small loan because they are more lenient with credit scores than traditional banks but still report to credit agencies.